Sunday, August 22, 2021

Monday's News Links

[Yahoo/Bloomberg] Stocks Climb; Dollar Dips With Treasuries: Markets Wrap

[Yahoo/Bloomberg] China Tech Shares Stage Rebound After Five-Week Selloff

[CNBC] Gold gains on dollar retreat, Delta risks

[Reuters] Delta variant, supply woes crimp business activity in August -IHS Markit survey

[CNBC] Home sales rose for the second straight month in July, as demand outpaced slightly stronger supply

[Reuters] Delta variant, having put kibosh on Fed event, begins to menace recovery

[Yahoo/Bloomberg] Jerome Powell’s Policy Revolution Was Blindsided by Covid-19

[CNBC] Fast-food wages climbed 10% in latest quarter, the largest jump in years, report says

[Yahoo/Bloomberg] Treasury Bears Redeemed as Citi, Michael Burry See Higher Yields

[Yahoo/Bloomberg] Henri Causes Flooding, Power Outages After Depression Downgrade

[Yahoo/Bloomberg] Evergrande Shareholder Exodus Quickens as EV Unit Drops 27%

[Yahoo/Bloomberg] China Huarong Asset Management Ratings Cut by Moody’s

[Reuters] Japan's private-sector activity hit by COVID-19 surge - PMI

[Reuters] UK factories report worst shortage of stocks on record - CBI

[Reuters] Firefight involving Western forces erupts amid Kabul airport evacuation chaos

[Yahoo/Bloomberg] Taliban Warns U.S. Over Delaying Withdrawal: Afghanistan Update

[Reuters] Analysis: China, Pakistan, India jockey for position in Afghanistan's new Great Game

[Bloomberg] Xi Doubles Mentions of ‘Common Prosperity,’ Warning China’s Rich

[Bloomberg] China Regulator Halts 42 IPOs on Probe of Broker, Law Firm

[NYT] Biden and the Fed Wanted a Hot Economy. There’s Risk of Getting Burned.

[WSJ] Mackintosh: What We Still Don’t Know About the Fed’s Bond-Buying Spree

[WSJ] New Appetite for Mortgage Bonds That Sidestep Fannie and Freddie

[WSJ] Iron-Ore Prices Tank as China’s Steel Output Slows

[FT] China warns thousands of officials over links with businesses

[FT] Trading conditions in $22tn Treasury market worsen ahead of Jackson Hole

[FT] El-Erian: Why Jay Powell should be bold at Jackson Hole

[FT] Global economic data disappointments add to rising growth angst

[FT] Executives warn of growing container ship shortages

Sunday Evening Links

[CNBC] Stock futures are flat in overnight trading after a losing week

[Yahoo/Bloomberg] Stocks Set to Climb After U.S. Rally on Dip Buying: Markets Wrap

[AP] Bus driver shortages are latest challenge hitting US schools

[AP] Moving inland, Tropical Storm Henri drenches Northeast

[AP] No containment, new threats from Northern California fire

[Yahoo/Bloomberg] China Plays the Long Game in Shift to ‘Cross-Cyclical’ Strategy

[Yahoo/Bloomberg] U.S. Boosts Evacuation Effort; G7 to Convene: Afghanistan Update

Sunday's News Links

[Yahoo/Bloomberg] Powell Confronts Fed’s Taper Ambitions at Symposium: Eco Week 

[Yahoo/Bloomberg] Powell’s Odds for Second Term Boosted by Yellen’s Backing

[Reuters] Yellen backs reappointing Powell as Fed chair - Bloomberg

[AP] 7 killed at Kabul airport; fighters seize areas from Taliban

[Yahoo/Bloomberg] Pentagon Drafts Airlines; Blair’s Lament: Afghanistan Update

[AP] Henri weakens to tropical storm ahead of Northeast landfall

[WSJ] Why You Can’t Find Everything You Want at Grocery Stores